California’s housing market got off to a solid start in January. Single-family home sales totaled 420,100 during the first month of the year, up 2.1 percent compared with December and 4.4 percent year-over-year, according to the California Association of Realtors. The median price of a single-family home last month was …
Read More »Major mattress maker coming to Moreno Valley
Serta Simmons Bedding LLC, a leading manufacturer and distributor of mattresses, will open a manufacturing facility in Moreno Valley sometime this year. The Atlanta-based company is undertaking a $100 million-plus expansion that calls for construction of four manufacturing operations, according to a statement. The other three facilities will be built …
Read More »Housing affordability remains steady
Thirty one percent of California households could afford to buy a median-priced home – $511,360 – during the fourth quarter of 2016, according to the California Association of Realtors. That percentage was unchanged from the third quarter but was up 30 percent year-over-year, the association reported, the Los Angeles-based association …
Read More »Montclair Place finally getting its much-needed facelift
The regional mall, which turns 50 next year, will be getting two sit-down restaurants, a relocated food court and some extra space to work with after it demolishes a former anchor-tenant building. It will also rearrange its tenant mix and makes some other changes. The question is, will those moves …
Read More »On The Move
Phong Au-Hong, a junior in UC Riverside’s entomology department, has been awarded one of 20 spots in the Public Policy and International Affairs Junior Summer Institute at Carnegie Mellon University’s Heinz College. Every year, the PPIA selects high-performing undergraduates from throughout the United States to participate in its seven-week summer …
Read More »In Transition…feeling frustrated?
By Steve Kim If you are experiencing a transition in your business or personal life, then answering the following questions can serve as a useful starting point: Based on my current understanding, · What chapter has ended? Am I accepting of that? · What do I have to let go …
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IE Business Daily Business news for the Inland Empire.